Title: Identity and Access Management (IAM) Market size likely to exceed revenue of USD 26 billion, at 15% CAGR from 2015 to 2022
1Identity and Access Management (IAM) Market size
Of 15 CAGR from 2015 to 2022 Global Market
Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
2 Key Insights from Identity and Access Management
(IAM) Market
-
- Asia Pacific IAM market size is predicted to
reach USD 6.8 billion by 2022. Increasing
application of these solutions coupled with
surging cyber threats on critical infrastructure
is likely to drive the industry across the region
over the coming years. North America IAM market
share accounted for over 35 of the global
revenue in 2014 and is predicted to experience
moderate growth. - Cloud IAM market share in estimated to grow at a
CAGR of over 20 from 2015 to 2022. Numerous
benefits offered by cloud service include less
cost involvement, no hardware or software
deployment and offers simplified management.
On-premise deployment is anticipated to use
traditional in-house data centers for controlling
security patches as well as offer software
updates. -
3Continued...
- Surging demand in BFSI applications owing to high
security offered is anticipated to propel the IAM
market growth from 2015 to 2022. Education sector
is projected to experience significant growth.
Growing demand for various services make it
crucial for institutions to ensure that digital
transactions are secure. IAM offers
confidentiality by establishing a secure process
for user identification and set protocols for
controlling online access to resources. - Key industry participants accumulating major IAM
market share include OneLogin, CA Technologies,
Centrify, Amazon Web services, Oracle, ForgeRock
Inc,
4UK identity and access management market share by
deployment, 2012 2022 (USD Million)
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6 360 Analysis
- Application Analysis
- Increasing adoption of these systems by
government agencies as well as large and medium
scale organizations is expected to positively
impact IAM market size. - Regional Analysis
- U.S. IAM market size is expected to continue
accounting for majority of the global revenue
over the next few years. Surging demand for
intensive RD has led to the development of
sophisticated high-end products, which are
delivered for ease-of-use and to provide control
to meet process requirements. - Asia Pacific IAM market share is predicted to
witness high growth due to surging deployment of
IAM solutions along with rising cyber threats on
critical infrastructure. - Competitive Market Share
- Major industry players dominating IAM market
share include CA Technologies, Amazon Web
Services, OneLogin, Oracle, Centrify, Net IQ,
Dell Software, ForgeRock Inc, HID Global
Corporation, HP, IBM, and EMC Corporation. - Key strategies implemented by industry players to
connect with cloud-based environment include
scalability, enhancing security of critical data,
ease of mobility, and smooth authentication
authorization.
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